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The European Commodity Clearing (ECC) has been given Recognised Clearing House (RCH) status by the Monetary Authority of Singapore (MAS). This will be ECC’s first regulatory license outside of Europe, representing a key milestone for ECC and CLTX, as part of EEX Group, in their shared global growth ambitions.
The RCH status will allow ECC to directly admit clearing members from Singapore to access all derivative products with immediate effect. Furthermore, CLTX will be able to transfer contracts for clearing directly to ECC which in turn gives all companies trading on CLTX the ability to access ECC from a Singaporean
Alternative investments specialist Aquila Capita has launched a CTA UCITS compliant-fund that will be managed by its Systematic Trading Group. The AC-Adaptive Trends Fund (the ‘Fund’) combines various investment strategies such as momentum and carry with an innovative risk-balancing portfolio construction method allowing it to implement long and short positions.
This combination enables the strategy to benefit from market momentum and volatility whilst profiting in less-trending markets, which differentiates the strategy from most other CTAs.
The Fund aims to generate positive performance in most market conditions by investing in global futures contracts across equities, bonds, commodities and currencies, enabling
Institutional investors now have more than USD2.00 trillion invested in hedge funds, and more than 5,250 institutions – 45 per cent of the total institutional investor universe – actively invest in the asset class, according to Preqin.
A small proportion of these investors, though, account for the greatest allocations, with just three investor types representing more than half of all institutional capital in hedge funds. Public pension funds and private sector pension funds represent 9 per cent and 15 per cent of hedge fund investors respectively, but they account for 22 per cent and 19 per cent of institutional capital
Dallas, Texas-headquartered Esposito Securities is a US-registered broker dealer offering a wide range of services for the ETF industry as well as global equity trading and advanced options strategies.
The firm is known for its ETF seeding program which lay behind the end of February launch of the NYSE Pickens Oil Response ETF, a fund that traded 215,000 shares on its first day. Since going live, the fund has continued to see volume, averaging more than 50,000 shares traded per day. This week saw the launch of another ETF seeded by Esposito, KNG or the CBOE Vest S&P 500 Dividend
Investcorp, a provider and manager of alternative investments, has appointed Jan Erik Back as Group Chief Financial Officer. Back will join Investcorp in the summer.
Back, who has more than 30 years of industry experience, the majority of which was in senior finance roles of financial services firms including SEB (Skandinaviska Enskilda Banken AB), Skandia and Handelsbanken, most recently served as Executive Vice President and Chief Financial Officer of SEB, a leading Nordic financial services group providing retail and merchant banking, wealth management, and life insurance services to its corporate and institutional clients across international markets.
Prior to that,
Marlborough International has appointed Linda McLaren to the newly created role of Head of Business Development.
McLaren, who has 20 years’ experience managing relationships with international financial advisers, joins from Brooks Macdonald, where she was Business Development Director for the offshore market.
In her new role she will work at a strategic level, helping to develop and implement Marlborough International’s growth plan.
A spokesman for Marlborough International says: “Linda has an in-depth knowledge of the international market and her expertise will be invaluable in developing our strategy as we continue to build strong long-term relationships with advisers around
GoldenSource has integrated Approved Reporting Mechanism (ARM) and Approved Publication Arrangement (APA) services from Trax, the post-trade services and European market data division of MarketAxess, to help banks and asset managers with their MiFID II reporting obligations.
The integration was developed in Q3 and Q4 of 2017, ahead of MiFID II go-live in January 2018. It means that firms who manage MiFID II reporting data through GoldenSource now have the option for the data to be automatically submitted to the Trax ARM or APA, helping ensure efficiency and reporting accuracy. In addition to helping manage the increased MiFID II reporting
Latitude Investment Management, the investment boutique founded by Freddie Lait in 2016, has appointed Alex Robins as Head of Institutional Clients.
Robins (pictured), brings 18 years of industry experience to the firm. Prior to joining Latitude Investment Management, he was Senior Product Manager at Sarasin & Partners LLP, and before this he spent 13 years at JP Morgan Asset Management as a Client Portfolio Manager.
The appointment follows a successful 2017 for Latitude Investment Management. Since the firm’s inception in November 2016 the Horizon Fund has returned 11 per cent, a compound return of 8 per cent, resulting in
Columbia Threadneedle Investments has launched a new, global absolute return credit strategy – the Threadneedle (Lux) Global Investment Grade Credit Opportunities Fund (the Fund).
The Fund will emulate the investment approach taken in the successful Threadneedle Credit Opportunities Fund. The Fund’s managers are Alasdair Ross and Ryan Staszewski. Ross is the Head of Investment Grade Credit EMEA, and one of the team of portfolio managers responsible for the Threadneedle Credit Opportunities Fund. Staszewski is a Senior Investment Grade Portfolio Manager based in London and one of the lead managers of Columbia Threadneedle’s UK and European Strategic bond portfolios.

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Options, a provider of global market data and colocation services for trading firms, has deployed real-time multicast gap detection as part of its Managed Colocation offering.
The TradeVision platform from Ixia, a Keysight Business, will initially be integrated with Options Managed Colocation infrastructure across the US, with expansion across European venues throughout H2 2018.
Launched November 2017, TradeVision is the first market data monitoring platform to deliver a unique combination of market feed health monitoring and advanced network visibility with pre-programmed support for hundreds of trading venues. It provides high accuracy gap detection, feed and channel health and statistics,
